Canterbury Halls, 2 Garstang Road, Preston, PR1 1AL
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Incredible hands-off student investment
- High yielding investment
- Self-contained student studio
- Luxury student accommodation
- Premium development
- Kitchenette and ensuite included
- Unrivalled onsite amenities
- Reception, cinema, common room and gym
- Close to the highly respected UCLan
- Excellent location in Preston city centre
Description
yieldit are delighted to introduce this hands-off student investment property producing an incredible yield. Perfectly located close to the highly regarded University of Central Lancashire, which ranked in the top 7% of universities worldwide in the CWUR's 'Global 2000 List', this purpose-built student accommodation development has it all to ensure a continuous rental demand for the student population which is in the region of 25,000.
This well-appointed self contained studio apartment has been completed to the highest of standards, including double bed, study desk, TV, fully equipped kitchen, ensuite shower room and high speed broadband. Residents of Canterbury Hall can also enjoy access to the beautiful roof-top garden, communal lounge with kitchen and pool table, gymnasium and easy access to Preston city centre with the abundance of amenities, shops, restaurants and bars to enjoy.
Preston is a fantastic city to invest in, it recently beat London as being the UK’s most improved urban area thanks to achieving above-average improvements for health, transport and work-life balance. It’s also the economic hub of Lancashire, boasting unrivalled transport links, a fantastic quality of life and affordable living, in addition to this it's appeal is only set to increase further with over £1billion of investment planned for the next decade including the 450m City Deal which is set to build on this and create 20,000 new jobs over the next 10 years.
Financial Breakdown
Gross Rent: £7,218.24
Net income: £4,256.12
Gross yield: 14.44%
Net yield: 8.51%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07653
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Canterbury Halls, 2 Garstang Road, Preston, PR1 1AL
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Visit our security centre to find out moreDisclaimer - Property reference YL-07653. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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